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Rio Tinto’s Strategic Move to Acquire Arcadium Elevates its Lithium Standing

A Game-Changing Acquisition Rio Tinto, the second-largest miner globally, has announced its acquisition of United States-based lithium company Arcadium for $5.85 per share—a substantial 90% premium over Arcadium’s recent stock closing price of $3.08 on October 4. Rio Tinto’s New Lithium Frontier By purchasing Arcadium, Rio...

British Columbia miners serve strike notice at Gibraltar

The Gibraltar copper-molybdenum mine is the second largest open-pit copper mine in Canada and the largest employer in the Cariboo region of British Columbia. “Unifor has negotiated in good faith to avoid work stoppage at Taseko’s only functioning copper mine,” Unifor’s Western regional director Gavin...

Miners struggle to finance projects amid surging battery demand — IEA

In its recent Global EV Outlook 2024, IEA highlights the necessity of external sources to support large-scale capital expenditure in mining projects, however miners Albemarle, Core Lithium, Liontown Resources and Pilbara Minerals recently announced project spending reductions, lower dividends, and job cuts. Nickel and...

E-haul trucks could result in major savings for miners but adoption is slow – report

Yet, the document points out that miners worry about the size and cost of haul truck batteries, as well as about the fact that they will need multiple replacements within a 10-year window. “The large batteries needed for electric haul trucks have perhaps been the...

MSHA Takes Decisive Action to Safeguard Miners from Silica Dust Exposure

A Vital Move Towards Miner Safety When it comes to miner safety, the newest final rule issued by the Mine Safety and Health Administration (MSHA) is a long-overdue lifeline. This regulation demands immediate corrective actions if a miner's exposure exceeds specified limits. It's a...

Rescue Operation Thwarts Kidnapping Plot Targeting Peruvian Miners

Joint Effort to Foil Criminals Unified Command in swift pursuit of kidnappers while military patrols vigilantly monitor the vicinity. Apprehension and Surrender Detainees offer up assorted ammunition and two balaclavas upon capture. Displayed before both the Hualanga police station and the National Prosecutor’s Office. Protecting Gold-Rich Territory Pataz...